YEARLY HIGH
0.0146 JMD
YEARLY LOW
0.0136 JMD
YEARLY AVERAGE
0.0141 JMD

2017 GNF to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the GNF to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 18, valuing the pair at 0.0146. Conversely, the yearly low was recorded on January 10, dropping to 0.0136.

This high-to-low spread represents a total annual volatility of 0.0010 JMD. From a start-to-finish perspective, comparing the January average rate of 0.0138 to the December average rate of 0.0139, the exchange rate registered a net change of 0.87% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0146 was down 14.95% compared to the 2016 peak of 0.0172, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 GNF based on timing:

Yearly Peak High 73 JMD
2016 Average 75 JMD
Yearly Trough Low 68 JMD
Transaction Impact: A difference of 5.17 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0146
0.0137
JanuMarcMayJulySeptNove

GNF to JMD Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.0139, compared to 0.0142 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0139
H2 Avg (Jul–Dec) 0.0142

Volatility Range Comparison

Volatility

The most volatile month in 2017 was April, with a trading range of 0.0005 JMD (High: 0.0143 / Low: 0.0138). On the other end, December was the most stable month, with a tight range of 0.0002 JMD (High: 0.0140 / Low: 0.0138).

April Spread (Volatile) ±0.0005
December Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between February and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0003 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2017: 0.0145) against the same month in 2016 (average: 0.0140), the exchange rate shifted by +0.0005 (+3.29%).

2017 Avg (September) 0.0145
2016 Avg (September) 0.0140

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0140 0.0136 0.0138
February 0.0140 0.0137 0.0137
March 0.0140 0.0137 0.0138
April 0.0143 0.0138 0.0139
May 0.0143 0.0139 0.0141
June 0.0145 0.0142 0.0143
July 0.0144 0.0141 0.0142
August 0.0144 0.0142 0.0143
September 0.0146 0.0142 0.0145
October 0.0145 0.0141 0.0143
November 0.0141 0.0139 0.0140
December 0.0140 0.0138 0.0139